Facts
- Government gross debt, % of GDP
- 52.8 % (2025)
- Fiscal balance, % of GDP
- -6.2 % (2025)
- GDP, current prices
- $264.2 bn (2025)
- Current account, % of GDP
- -3.8 % (2025)
- Debt level
- 30–60% of GDP
- Change in debt ratio, last 10 years
- +4.5 pp
- Central government debt, % of GDP (World Bank)
- 27.4 % (2018)
- ISO code
- IRQ
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $264.2 bn |
| 2024 | $283.7 bn |
| 2023 | $270.8 bn |
| 2022 | $288.1 bn |
| 2021 | $210.8 bn |
| 2020 | $182.6 bn |
| 2019 | $236.7 bn |
| 2018 | $230.2 bn |
| 2017 | $190.0 bn |
| 2016 | $168.4 bn |
| 2015 | $177.6 bn |
| 2014 | $234.7 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -3.8 % |
| 2024 | -3.0 % |
| 2023 | 5.8 % |
| 2022 | 13.4 % |
| 2021 | 3.1 % |
| 2020 | -6.8 % |
| 2019 | 5.9 % |
| 2018 | 8.1 % |
| 2017 | -2.1 % |
| 2016 | -6.9 % |
| 2015 | -5.2 % |
| 2014 | 6.8 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 52.8 % |
| 2024 | 45.7 % |
| 2023 | 42.1 % |
| 2022 | 39.0 % |
| 2021 | 54.7 % |
| 2020 | 72.5 % |
| 2019 | 41.7 % |
| 2018 | 44.4 % |
| 2017 | 55.9 % |
| 2016 | 60.3 % |
| 2015 | 48.3 % |
| 2014 | 27.6 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -6.2 % |
| 2024 | -3.5 % |
| 2023 | -1.1 % |
| 2022 | 8.1 % |
| 2021 | -0.4 % |
| 2020 | -12.8 % |
| 2019 | 0.8 % |
| 2018 | 7.7 % |
| 2017 | -1.5 % |
| 2016 | -14.4 % |
| 2015 | -12.8 % |
| 2014 | -5.6 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2018 | 27.4 |
| 2017 | 35.9 |
| 2016 | 29.5 |
| 2015 | 27.4 |